Thanks for your clarification.It was the capital “H” that threw me off and made me think that you were referring to one of the 19 official named neighborhoods, many of which I’d never heard.

The business model to develop Community Association Manager (CAM) licensing legislation (and other HOA legislation): 1) legislators consult with the Community Association Institute (CAI)) to craft a Bill aimed at mitigating abusive practices of property managers who are the very folks the CAI represents 2) CAI lobbyist and their CAI “dependable” legislators become Bill sponsors 3) the Bill is assigned to Committees with CAI “dependable” legislators 4) the Bill becomes law with little to no home owner input, full of promoting CAI interests, and heavy on fees and costs and processes imposed on CAMs and 5) the Department of Regulatory Agencies (DORA) implements licensing rules highly reflective of CAI efforts but fail to even contain explicit language for CAMs to obey State law or an HOAs governing laws or for CAMs to report observed violation of the law thus ensuring oversight is empty from the home owner’s perspective.

I assume there's some official wording I need to use in a cover letter to let them know I'm terminating the existing lease and replacing it with the new lease.   

Our title attorney, who happened to be very investor friendly and specialized in creative real estate transactions, drafted the contract language, the mortgage and promissory note for the seller. 

I am not looking for an official "send to underwriting" type of thing, I am looking for realistic feedback as to if there is any way to structure this deal so that we would be able to purchase this property.

If there is any reason to question a clean title pay for a full title opinion prior to contract, or include language that bases the contract on a clean title.

 @Aubyn Rashford, Real estate is filled with opportunities at all levels so you don't need an "official" business plan document to get started but it sure could help for financing.If you are just starting out, check out the free guides right here on BP.    

Pile on some rent credits, maybe some 'rent-to-own language' (why not add an interest rate while you're there) and you'll have a real party!  

Hi All, Yesterday I officially wired a check to close on a SFR rental unit, my first, and now Im going through the range of emotions.

Welcome to BP officially!